 |
The Binance exchange has introduced perpetual futures with up to 75x leverage on the AKT token from the DePin project Akash Network and on the memecoin Comedian (BAN), which was created by Michael Bouhanna, head of the digital art department at Sotheby’s auction house. In October, analysts at Lookonchain accused him of insider trading on the token. They analyzed the activity of a wallet that Bouhanna previously identified as his own. The experts noted that he had been unsuccessfully trading various memecoins for some time before launching his own. According to their calculations, as BAN’s price surged, Bouhanna started selling his own tokens, earning at least $1 million. Shortly before BAN’s listing on Binance, Bouhanna posted on X (formerly Twitter), denying involvement in those BAN sales. He insists that he created the token “without intending to attract attention” but shared the link with “a group of friends” during its launch. After the Binance listing announcement, the BAN token price suddenly doubled, only to drop back just as quickly. submitted by /u/XGramatik |
Dogecoin Price Forecast: Bulls deploy $355M in DOGE longs amid Gensler exit confirmation
Dogecoin price forecast: $0.45 breakout could trigger larger gains If Dogecoin sustains this bullish leverage imbalance while maintaining key support